Long-Term Returns of Dan Loeb’s 5 Activist Targets

In this article, we discuss long-term returns of Dan Loeb’s 5 activist targets. If you want to see more stocks in this selection, check out Long-Term Returns of Dan Loeb’s Activist Targets.

5. SentinelOne, Inc. (NYSE:S) 

Stock Return: -60%
Activist Investment: 2021

SentinelOne, Inc. (NYSE:S) is a cyber-security company that delivers artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across all endpoints.

Third Point LLC entered a 10.34% stake in the cyber security firm in June 2021

The investment came amid Loeb’s confidence about SentinelOne, Inc. (NYSE:S)’s growth potential and ability to disrupt the cyber security industry. Nevertheless, the investment has turned sour, with the stock declining by 60% over the past two years.